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23 Mar

A new boardroom scandal is roiling Wall Street: stock options backdating.

Dozens of companies – including United Health Group, Comverse Technology, Vitesse Semiconductor and Affiliated Computer Services – have caught the eye of the Securities and Exchange Commission and the Department of Justice for the timing of their stock option grants.

This adjustment to the filing window came in with the Sarbanes-Oxley legislation.

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According to the Stipulation, the various derivative lawsuits "were a material factor in obtaining the million payment from Apple’s liability insurers." The total cash value of the various payments is .85 million.

It stars Rami Malek as Elliot Alderson, a cybersecurity engineer and hacker who suffers from social anxiety disorder and clinical depression.

Alderson is recruited by an insurrectionary anarchist known as "Mr.

However, as a practical matter aren’t you ‘double counting’ since, presumably, the plaintiff fee awared was paid by Apple from the D&O proceedsit received from its carriers?

"Assuming this reader’s analysis is correct, this is a very important distinction.